Sika Acquires Garland's Polymer Flooring Business

Baar, Switzerland, April 30, 2008 - Sika AG said that its U.S. subsidiary, Sika Corporation, has acquired the commercial and industrial polymer flooring business of ICS Garland, Inc. The price was not disclosed.

Revenues for this business totaled approximately $ 14 million for the fiscal year ended Dec. 31.

This is Sika's second acquisition in North America this year.

ICS Garland has a portfolio of epoxy, polyurethane, and ESD (Electrostatic Sensitive Devices) technology products and gives Sika's another avenue for focused growth in North America.

Approximately 45 employees are expected to join Sika as part of the transaction, including the ICS Garland manufacturing facility and offices in Cleveland, Ohio.

This acquisition also gives Sika a comprehensive range of epoxy, polyurethane, and other key polymer flooring products and technologies in the industry.